This is my best 'explanation' for Psalm 123 at this time. Praying the psalms daily, I begin to wonder if I am really getting the full sense of the psalm, especially since they are translated. I found a KJV translation I like here for Psalm 123, and Hebrew translations for each word are on the same website.

Psalm 123
[A Song of Ascent]

Unto thee lift I up mine eyes,
O thou that dwellest in the heavens.

Once Upon a Time, In a Faraway Land, there lived a king and queen and their daughter, Princess Isabella. The King and Queen tried their best to teach Isabella Christian values. They helped the poor and prayed often. Before every meal, they would say this prayer: “Lord Jesus, come and be our guest at this time.” Since the family said that prayer ever night, Isabella couldn’t understand why Jesus would never come. So, one day, she confronted her mother about her thoughts.